NMLS: 590516 / 829593 / 1850

Licensed In: OR/WA/AZ/ID

Phone: (503) 684-9111

Email: derek.richards@optionsrm.com

Fax: 1+(503) 536-6836

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Motto: "First listen. Then advise."


I got started with mortgage lending in 1995 working for a single-branch mortgage broker in Tigard, OR. After a few years, I obtained my broker’s license and opened my own company centered in Lake Oswego, OR. After seeing fantastic growth for 10+ years, I merged with a larger company and began to work on a national scale. After the real estate bubble in 2009 I spent several years with large financial institutions before devoting a couple of years expanding my horizons within the automotive and solar industries. Eventually, I was called back to my roots and have enjoyed not only assisting people once again with financing their homes but coaching and motivating others to become the best version of themselves.

Why Options Financial Residential Mortgage?

It’s very important to me to choose a company whose goals and values match my own. Two big ones are that we always close on time or early, and that my clients always have a wonderful experience. I did a lot of research and spoke to a lot of people before joining Options Financial. I can say without hesitation that we have the best people and process to meet those goals every time!

Why Should A Potential Client Feel Confident Selecting You as Their Loan Officer?

I am highly motivated by my clients’ quality of experience throughout the process. I value taking extra time to listen to them before providing advice and charting a course. I not only look at the immediate goal, I take the time to find out WHY they’re seeking financing and make sure that is addressed in the process. Then I utilize my 25 years of experience and expertise in all types of financing to provide the very best options and advice.

What would you say is the most fulfilling part of what you do?

My favorite thing about my job is working with people and helping them see not only the immediate benefits of their decisions but the long-term returns as well.

How would you describe the role of education in the process?

It’s arguably the most important, but most neglected part of the mortgage process. To its own detriment, a fair part of our industry spends little to no time finding out the WHY behind a customer’s financial decisions. It is important for me to give my clients options and to properly explain each one so they can make the very best decision with confidence.

When you’re not working, what are some of your favorite pastimes?

I’m a huge Portland Trailblazers fan. If I’m not attending games, I’m watching them on TV with my family. Speaking of family, that’s where my heart lies. I have a beautiful, amazing wife and 8 wonderful children. I’m also a published author. My wife and I are also co-writing a series of teen fiction novels.

Professional and Personal Affiliations or Organizations You’re Involved With:

Boy Scouts of America, National Hemophilia Organization, Hemophilia Foundation of Oregon

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  • © 2022 Options Financial Residential Mortgage is a division of American Pacific Mortgage Corporation. All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply. Equal Housing Opportunity.

    Privacy & Security | NMLS Consumer Access | Accessibility Statement
    NMLS 829593 / 1850 Licensed in OR, WA, CA, ID, TN, TX, AZ | Licensed by the Dept of Financial Protection and Innovation under the CRMLA. Licensed under the Oregon Consumer Finance Act. AZBK 0906702

    © Copyright 2022 - Options Financial Residential Mortgage

  • Beaverton Office:
    NMLS 829593
    8625 SW Cascade Ave., Ste. 270
    Beaverton, Oregon 97008
    Licenced in OR, WA, CA, ID, TN,
    TX, AZ, CO

    Bend (serving bend and surrounding areas):
    NMLS 2120421
    21356 NE Eagles Way
    Bend OR 97701
    Licenced in OR, WA, AZ